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Joseph L. Shaefer » Comments » ABK

  • Wall Street Breakfast: Must-Know News [View article]
    "The government, which controls Fannie, is thought to be reluctant to approve a deal that would allow Goldman to save on taxes, given the firm's already tenuous standing with lawmakers and on Main Street; taking widely-respected Buffett as a partner could reduce the tension."

    It could. Or when combined with TARP money and sweetheart deals with GE and GS, it could tarnish Warren Buffett's reputation. Lie down with dogs, get up with fleas...
    Nov 04 09:48 am |Rating: +9 -1 |Link to Comment
  • Six Things to Learn from the Financial Crisis  [View article]
    A fine reminder, DGI.

    Value investing, portfolio rebalancing, and a willingness to stand back from "The Madding Crowd" is such an ingrained habit with many SA contributors that we forget that not everyone thinks this way.

    It's important to every now and again state, or re-state in different terms, what has worked for us for years. Maybe those burned by ignoring these basic rules will learn from it when they see a viable alternative...
    Sep 02 09:54 am |Rating: +3 -1 |Link to Comment
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